DEEP OPERATIONAL EXPERTISE MEETS FINANCIAL EXCELLENCE
DTCP Growth is the partner of choice for enterprise SaaS companies pursuing Series B financing and beyond. Renowned for our commitment to entrepreneurs, financial expertise, and extensive ecosystem connections, we provide more than just capital. With an international, multicultural team across Europe, the US, and Israel, we develop customized go-to-market strategies that empower software companies to scale and thrive in global markets.
We help entrepreneurs and founders scale their organizations globally, make critical decisions, and provide insights backed by deep industry expertise as a trusted business partner. Our success comes from an entrepreneurial mindset shared by a team with a proven history of building and scaling successful companies, combined with a strong commitment to financial analysis. Our sector-focused strategy is strengthened by our profound understanding of B2B software market dynamics, a core advantage in supporting our portfolio’s growth.
UNIQUE INVESTMENT APPROACH
Enterprise Software
B2B SaaS & Al Infrastructure
Post Product Market Fit
$3m to $100m ARR
High Growth
80%+
Capital Efficient
Check Size
$5m to $50m
Growth Capital
Minority Investments, no control
What sets us apart is our unique blend of entrepreneurial experience, a hands-on approach, and a rigorous quantitative framework focused on financial excellence. At the core of this framework is our proprietary DTCP Flightpath data model—an in-house software platform that analyzes extensive datasets from a diverse range of SaaS companies. With over 40 key performance indicators and insights gathered over nearly a decade, our model provides founders with an objective, data-driven assessment to enhance sustainable growth. Additionally, Flightpath serves as a measurable, unbiased tool for making well-informed investment decisions.
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Our Portfolio
DTCP Growth invests in category-leading and category-creating companies within the global cloud-based enterprise software space, driven by our belief in the transformative power of technology-led digitization and automation across industries. We target early-growth and growth-stage innovators in sectors such as Cybersecurity, Vertical SaaS, DevOps, Cloud, AI, and Robotics across Europe, the US, and Israel. Leveraging our expertise in scaling businesses, we apply our global go-to-market (GTM) execution framework to accelerate growth. With offices in these key regions, we connect the technology hubs of the western hemisphere, enabling companies to expand internationally.
Aircall is the phone system for modern business. An entirely cloud based voice platform that integrates seamlessly with popular productivity and helpdesk tools that workplaces are already using. Aircall was built to make phone support as easy to manage as any other business workflow – accessible, transparent and collaborative.
anecdotes offers data infrastructure to automate, manage and mature GRC programs, with an all-in-one workspace designed for GRC leaders.
Annomali delivers critical threat intelligence capabilities, allowing organizations to detect, investigate and respond to serious external threats. It integrates with internal infrastructure to identify new attacks or search forensically over the past year to discover existing breaches and enables security teams to quickly understand and contain threats.
AppsFlyer offers mobile attribution and marketing analytics, making the marketing industry more measurable. It delivers independent, unbiased and previously unattainable data and innovative tools to measure a company’s marketing ROI with very high precision.
Arctic Wolf is the market leader in security operations. The cloud-native Arctic Wolf Platform helps companies end cyber risk by providing security operations as concierge service. Highly trained Concierge Security experts work as an extension of an organization’s internal team to provide 24/7 monitoring, detection, and response and ongoing risk management to proactively protect systems and data while continually strengthening their security posture.
Aryaka’s Global SD-WAN combines a purpose-built private network, SD-WAN, optimization and acceleration techniques, connectivity to cloud platforms, and network visibility in a single solution that is delivered as a service. It thusly transforms how global enterprises connect sites and users worldwide and use mission-critical applications to support modern business execution demands.
Auth0 operates a cloud-based identity platform that enables to eliminate the friction of authentication and authorization of their applications and APIs. For end-users, Auth0 enables single sign-on for applications running on various platforms with various identity providers.
ACQUIRED BY OKTA, 2021
Axonius’ mission is to give customers a comprehensive and always up-to-date asset inventory, uncover security gaps, and automate as much of the manual remediation work as its customers want. When organizations stop spending time on manual asset management tasks, they’re able to take on the high-value cybersecurity initiatives that highly trained and skilled cybersecurity professionals love doing. Asset management is so foundational, yet it’s a nagging problem that is only getting worse. Axonius is headquartered in New York, NY, and its R&D team is based in Tel Aviv, Israel.a
Cognigy is a global leader in omnichannel Customer Service Automation. Intelligent voice and chatbots powered by its Conversational AI platform help businesses improve service quality, reduce operational costs, and support teams across the enterprise. Cognigy’s award-winning AI understands user intents precisely and enables natural dialogs in over 100 languages. Easily scalable and pluggable, its low-code platform automates business processes though integrations into backend systems, operates as SaaS and on-premise, and is GDPR compliant.
Cohere’s Large Language Models (LLMs) provide any enterprise or developer with Natural Language Processing (NLP) tools to deliver business impact. Cohere trains LLMs for a variety of generative AI tasks targeted to enterprise mission-critical applications.
Dexory is a robotics and data intelligence company powering robots to automate data collection and build real-time digital twin technology that unlocks insights across all levels of warehouse operations.
Dremio is the open and easy data lakehouse, providing self-service SQL analytics, data warehouse performance and functionality, and data lake flexibility across all of your data.
Dynamic Signal is an employee communication and engagement (ECE) platform, trusted by internationally leading enterprise organizations to increase productivity and empower advocacy by informing and engaging employees with timely, relevant content across channels and devices.
MERGER WITH SOCIALCHORUS, 2021
Dynamic Yield’s advanced customer segmentation engine uses machine learning to build actionable customer segments in real time, enabling marketers to take instant action via personalization, recommendations, automatic optimization, and real-time messaging. Its technology automatically personalizes each customer interaction across the web, mobile web, mobile apps and email
ACQUIRED BY MCDONALD’S, 2019
Epsagon’s applied observability platform enables teams to identify, troubleshoot, and resolve issues quickly within complex microservice environments, providing increased engineering efficiency and up to 90% reduction in resolution times. With Epsagon, companies are transforming to and scaling their microservices with confidence while maintaining 100% uptime and enterprise SLA.
ACQUIRED BY CISCO, 2021
Fireglass eliminates common attack vectors against browsers, emails, documents and Web apps by executing and rendering malicious content within secure containers and sending a safe visual feeds.
Fornova’s patented data gathering technology generates transparency and actionable insights within the hotel industry. It provides business intelligence and rate integrity analysis for all participants in the highly competitive online travel market by scanning, extracting and analysing large amounts of information from a vast range of providers.
Guardicore is a hybrid cloud security solution that simplifies security management with one cohesive control layer that provides flow visibility, micro-segmentation, threat detection and incident response.
ACQUIRED BY AKAMI TECHNOLOGIES; INC.
Heap is a web surface analytics tool that provides product managers and marketing teams the ability to retroactively analyse all of their customer web interaction analytics without writing any code.
Hunters offers a security platform that enables SOC teams to detect, investigate, and stop threats across cloud and on-prem environments in real-time.
Iterable’s cross-channel customer engagement platform, supported by industry-leading AI and machine learning capabilities, connects brands to their customers in real time via hyper-personalized communications across email, web, mobile and more. Iterable harnesses the power of zero-party and first-party data to create a highly individualized customer journey and unified experience for over 4 billion consumers around the world.
LeanIX helps companies make better and faster decisions on how to manage and constantly optimize their IT architecture with their Software-as-a-Service application. The startup establishes the 360-degree transparency needed to reduce complexity in a company’s IT landscape, ensures compliance and enables growth through adopting state-of-the-art technology.
AQUIRED BY SAP, 2023
Morphisec thwarts hackers with their own weapons by exploiting advanced threat tactics like deception, modification and polymorphism.
NS1 leverages DNS (domain name systems) providing intelligent traffic management for mission-critical applications on the Internet, with features that give customers the ability to absorb a myriad of metrics in order to make automatic routing decisions in real-time.
ACQUIRED BY IBM, 2023
Neo4j enables organizations to unlock the business value of connections, influences and relationships in data: through new applications that adapt to changing business needs, and by enabling existing applications to scale with the business. Headquartered in San Mateo, California, neo4j has offices in Sweden, Germany, Singapore, and UK.
Nexmo is a provider of a set of cloud-based communication APIs designed to remove the pain of integrating with multiple carriers from developers and enterprises.
ACQUIRED BY VONAGE, 2016
Paxata provides an Adaptive Information Platform that enables business analysts with an enterprise-grade self-service data preparation system to support the on-demand and ad-hoc business data need for analytics, operations, and regulatory requirements.
ACQUIRED BY DATAROBOT, 2019
PerimeterX is a provider of application security solutions that keep businesses safe in the digital world. Delivered as a service, the company’s Bot Defender, Code Defender and Page Defender solutions detect risks to web applications and proactively manage them, with the goal of freeing up time to focus on growth and innovation.
MERGER WITH HUMAN, 2022
Pipedrive offers a cloud-based sales CRM solution for SMBs, available via desktop and apps. Features include fully customizable pipeline management, smart email and calendar integration, sales reporting, and forecasting. It further offers various one-click integrations to third party apps such as asana, Google apps, MailChimp, Trello and Zapier.
MAJORITY INVESTMENT BY VISTA EQUITY PARTNERS, 2020
Quantum Systems is specialized in the development, design, and production of advanced multi-sensor unmanned aerial systems that collect aerial intelligence for the professional user.
Replay Techhnologies’ video content creates a revolutionary viewing experience for everyone, including new viewing angles and un-manned cameras where none existed in reality.
ACQUIRED BY INTEL, 2016
SafeBreach provides practical and continuous security solutions through a “hacker’s view” of an enterprise's security risks, allowing it to quantify cyber threats as they evolve and mitigate them effectively.
Multi-professional team with a hands-on approach
Thomas Preuß
Managing Partner
Thomas Preuß
Managing Partner
Thomas Preuß is Managing Partner at DTCP and a member of the investment committees of the DTCP Growth Funds.
Since founding DTCP in 2015, Thomas has been responsible for the strategic direction of the growth equity investment business, establishing and refining the investment recommendations. He is charged with the management and performance responsibility of the overall portfolio. Thomas' track record on behalf of DTCP includes Cognigy.AI, Neo4j, Aircall, LeanIX and Signavio (both acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), Relayr (acquired by Munich RE), Fornova, eValue, enfore and Gini. He has invested in these companies or serves as a board member/observer.
His background comprises more than 25 years of venture capital investing and entrepreneurship, including a stint as founder and managing partner of Bauer Venture Partners, a €100m venture capital fund. Additionally, Thomas was Head of M&A at Bauer Media Group and Managing Partner at German venture capital pioneer Neuhaus Partners for many years. He invested in Searchmetrics, Content Fleet (acquired by Stroer Digital), Propertybase (acquired by Boston Logic Inc.), Contorion (acquired by Hoffmann SE), Navabi and apprupt (acquired by Opera Mediaworks), among others. On top of that, Thomas has extensive entrepreneurial experience from founding several companies.
Thomas studied at the University of Hamburg and holds a master's degree in technical economics.
Jack Young
Managing Partner
Jack Young
Managing Partner
Jack is Managing Partner at DTCP Growth.
He is responsible for setting investment direction, establishing and refining the investment processes, making investment recommendations, and managing the performance of the overall portfolio. Jack is instrumental in establishing DTCP’s data-driven investment approach. Jack currently serves as a Board Member / Observer at Aryaka, NS1, and Heap on behalf of DTCP.
Previously, he was the Managing Director of Qualcomm Ventures North America and General Partner at dRx Capital – a joint Novartis and Qualcomm investment company. He made investments in: Airstrip, Alive Cor, Omada, Visage, and Welltok. His investment exits include: Auth0 (acquired by Okta), BlueJeans (acquired by Verizon), ClearCare (acquired by Battery), Dynamic Signal (merged with Social Chorus), Doctor On Demand (merged with Grand Rounds), goBalto (acquired by Oracle), Telcare (acquired by Bio Telemetry), Validity (acquired by Synaptics), Fitbit (NYSE: FIT), and Fastly (NYSE: FSLY). Earlier in his career, he held leadership positions at ZTE (USA), Nokia, 3Com, GDC, and Nortel.
Jack earned an MSEE from the University of Calgary and an MBA from McGill University.
*US team
Lance Matthews
Partner
Lance Matthews
Partner
Lance is a partner at DTCP and is responsible for sourcing investment opportunities and making investment recommendations in the US.
Lance’s DTCP investments include: Arctic wolf networks, Innovid (NYSE: CTV), StreetlightData (acquired by Jacobs), and Cohere. Lance joined from Touchdown Ventures, a SF based Corporate Venture firm, where he worked on company sourcing, investment analysis and diligence, and portfolio management.
Prior to that, he spent time at Illuminate Ventures, a seed stage Enterprise SaaS firm and at Twitter (now X) holding a position in the finance department.
Lance holds an MBA from UC Berkeley’s Haas School of Business, a master’s degree in History from the University of Glasgow, Scotland, and graduated Summa Cum Laude from CSU Fresno.
*US team
Michael Rager
Partner
Michael Rager
Partner
Michael is Partner at DTCP Growth. He is responsible for sourcing investment opportunities and making investment recommendations in Europe.
Michael contributed in DTCP’s investments in Cognigy.AI, Neo4j, Aircall, Signavio (acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), LeanIX, Relayr (acquired by Munich RE), and Fornova.
Michael joined from Bauer Venture Partners. Prior to that, he was a consultant at Otto Group's Corporate Strategy department and helped building one of Germany's leading behavioral retargeting companies, leading their product development.
Michael holds a diploma in business economics from the University of Regensburg.
Dean Shahar
Principal
Dean Shahar
Principal
Dean is leading the Israel office of DTCP and is part of the Growth Equity team.
He covers Israel-related investments and is based in Tel Aviv. Prior to DTCP, Dean worked at Poalim Equity, where he led the growth and strategic investments of Poalim Bank. Dean gained Investment Banking experience from Morgan Stanley, Oppenheimer and Poalim Equity, and also gained legal experience at the Technology M&A and Private Placement team at Amit Pollak Matalon, a leading Israeli law firm.
Dean holds a bachelor’s degree in Business Administration majoring in Accounting and an LL.B in Law from Reichman University (IDC Herzliya).
Asha Tanwar
Vice President
Asha Tanwar
Vice President
Asha is a Vice President at DTCP in the Growth Equity team.
She covers pan-European growth equity investments and is based in London. Prior to DTCP, Asha was an investor at Apax Partners in New York, and previously also worked in the mergers & acquisitions teams at J.P. Morgan and Deutsche Bank.
Asha earned her BSc Economics degree from the London School of Economics & Political Science and an MBA from Harvard Business School.
Yan Bieger
Associate
Yan Bieger
Associate
Yan Bieger is Associate at DTCP in the Growth Equity team.
Prior to joining DTCP, he worked as a consultant developing data products in Brazil.
Yan studied Mechanical Engineering at the Federal University of Santa Catarina (UFSC).
*US team
Lodovico Carini
Associate
Lodovico Carini
Associate
Lodovico is an Associate at DTCP Growth Equity.
He covers investments across Europe with particular focus on the UK, Ireland, and France. Prior to DTCP, Lodovico worked as investor at Target Global, focusing on B2B SaaS and B2B Marketplace companies. He started his career in the Finance & Product Strategy (M&A) team within the Berlin-based bank N26, after completing an internship in quantitative portfolio management at VG Asset Management in Switzerland.
Lodovico holds a MSc in Finance from the University of St. Andrews, and a Bachelor in Business Administration (BBA) Double Degree Program from Università Cattolica del Sacro Cuore of Milan and Lancaster University.
Sören Fehrmann
Associate
Sören Fehrmann
Associate
Sören is Associate at DTCP Growth.
Prior to DTCP he worked as an improvement and innovation manager at an international aircraft manufacturer. Sören holds a master’s degree in Industrial Engineering from the University of Bremen. After a semester abroad as an MBA student at San Diego State University, he co-founded his own company.
Johannes Hausmann
Analyst
Johannes Hausmann
Analyst
Johannes is an Analyst at DTCP Growth.
Prior to joining DTCP, he gained experience in early-stage and growth-stage funds through multiple internships.
Johannes holds a Master's degree in Business Innovation from the University of St. Gallen (HSG) and a Bachelor's degree in Business Studies from EBS University.
Joe Kanner
Analyst
Joe Kanner
Analyst
Joe Kanner is Analyst at DTCP in the Growth Equity team.
Prior to joining DTCP, he was an Analyst at Hanaco Ventures, a Tel Aviv and New York based multi-stage venture capital firm. At Hanaco, Joe supported the firm’s deal flow, conducted due diligence on potential investments, and contributed to value creation for the firm’s portfolio.
Joe holds a bachelor's degree in Business Administration majoring in Finance from Reichman University (IDC Herzliya).
Jonli Keshavarz
Analyst
Jonli Keshavarz
Analyst
Jonli began his career in venture in high school by interning at Rothenberg Ventures and gaining experience in early-stage venture capital, and working on deals including SpaceX, Robinhood, and Gusto. Prior to joining DTCP, he was a lead analyst at Cartography Capital, a San Francisco based multi-staged venture capital firm and family office.
He holds a B.S. in Business Administration from the Haas School of Business and a minor in Public Policy from the University of California, Berkeley. He competed on the Cal Triathlon Team and was a cofounder of Berkeley Venture Capital, the university's first undergraduate venture capital organization.
Outside of work, Jonli is an avid triathlete and proud member of Golden Gate Triathlon in San Francisco.
Lena Stocker
Analyst
Lena Stocker
Analyst
Lena is an Analyst at DTCP Growth.
She covers investments across Europe with particular focus on DACH and the Nordics. Prior to DTCP, Lena worked at two early-stage VC funds and in consulting at BCG where she gained experience across a variety of sectors, specifically B2B Software.
Lena holds a Double Master's Degree CEMS MiM and MSc from HEC Paris and Copenhagen Business School. She further graduated with a BSc from WU Vienna University of Economics and Business and Singapore Management University.